Retail Sector news and trends

Instacart Stock Closes Below IPO Price Week After Public Debut
IPO // September 26, 2023

Instacart’s stock closed below its initial public offering (IPO) pricing for the first time on Tuesday (Sept. 26), a week after its public debut. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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Report: Amazon Accused of Using Secret Algorithm to Raise Prices

October 03, 2023
The Federal Trade Commission (FTC) has reportedly alleged that Amazon used a secret algorithm code-named “Project Nessie” to test the limits of price increases while ensuring competitors would follow suit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]

Instacart Stock Closes Below IPO Price Week After Public Debut

September 26, 2023
Instacart’s stock closed below its initial public offering (IPO) pricing for the first time on Tuesday (Sept. 26), a week after its public debut. Get the Full Story Complete the form...